Japanese companies increasing collaborations in India

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India-Japan Steel Dialogue launched

Japanese companies are increasingly collaborating with Indian companies and it is the right time to share their experience with India, said Japan’s Ambassador to India, Satoshi Suzuki.

He also welcomed the launch of India Japan Steel Dialogue to ensure sustainable growth of steel sector.

“Demand for steel in India is set to grow,” added Suzuki at a workshop on “Enabling Procedures for Increase of Steel Usage for the Growth of Economy” at Bhubaneswar on 28 Feb 2020.

“Our iron ore exports from India, particularly Odisha, helped Japan in becoming a leading economic power,” recalled the envoy.

The workshop was organised by Ministry of Steel in partnership with Japan’s Ministry of Economy, Trade and Industry (METI) and Confederation of Indian Industries (CII).

With Japan as the partner country, Steel Minister Dharmendra Pradhan said he is looking forward to make Odisha, the nerve centre of Purvodaya in Steel sector.

“We are organising series of workshops to deliberate on how to increase steel usage in India.”

“We have rightly chosen Japan as our partner country who will guide us for making Indian steel ecosystem bigger both in qualitative and quantitative terms,” said Pradhan.

“Moving beyond just producing primary steel, we will create an ecosystem of ancilliary, value added products, capital goods with industry participation,” said the Ministry, projecting Odisha’s steel production to cross 100 million tonne per annum by 2030

“We are working to strengthen the steel ecosystem in Odisha.” fiinews.com

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